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Leases (Tables) | 12 Months Ended
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Dec. 31, 2023
Leases [Abstract] |
Schedule Of Operating And Finance Lease Liabilities |
Leases |  | Classification |  | December 31, 2023 |  | December 31, 2022
Assets: |  |  |  |  |  |
Operating lease assets |  | Operating lease right-of-use assets |  | $ | 35,699 |  |  | $ | 32,307 |
Finance lease assets |  | Premises and equipment, net (1) |  | 215 |  |  | 286 |
Total leased assets |  |  |  | $ | 35,914 |  |  | $ | 32,593 |
Liabilities: |  |  |  |  |  |
Operating lease liabilities |  | Operating lease liabilities |  | $ | 37,650 |  |  | $ | 33,726 |
Finance lease liabilities |  | Accrued interest payable and other liabilities |  | 294 |  |  | 383 |
Total leased liabilities |  |  |  | $ | 37,944 |  |  | $ | 34,109 |
(1) Finance lease assets are recorded net of accumulated amortization of $1.0 million and $930 thousand as of December 31, 2023 and 2022, respectively.
Schedule Of Lease Cost | The components of the Corporation's net lease expense for the years ended December 31, 2023, 2022, and 2021 were as follows:
Lease Cost |  | Classification |  |  |  | December 31, 2023 |  | December 31, 2022 |  | December 31, 2021
Operating lease cost |  | Net occupancy expense |  |  |  | $ | 2,963 |  |  | $ | 2,264 |  |  | $ | 1,801 |
Variable lease cost |  | Net occupancy expense |  |  |  | 92 |  |  | 59 |  |  | 55 |
Finance lease cost: |  |  |  |  |  |  |  |  |  |
Amortization of leased assets |  | Net occupancy expense |  |  |  | 72 |  |  | 72 |  |  | 72 |
Interest on lease liabilities |  | Interest expense - borrowed funds |  |  |  | 15 |  |  | 19 |  |  | 23 |
Sublease income (1) |  | Net occupancy expense |  |  |  | (93) |  |  | (79) |  |  | (71) |
Net lease cost |  |  |  |  |  | $ | 3,049 |  |  | $ | 2,335 |  |  | $ | 1,880 |
(1) Sublease income excludes rental income from owned properties.
Schedule of Finance Lease, Liability, Maturity | The following table sets forth future minimum rental payments under noncancelable leases with terms in excess of one year as of December 31, 2023:
Maturity of Lease Liabilities as of December 31, 2023 |  | Operating Leases (1) |  | Finance Leases |  | Total
2024 |  | $ | 2,554 |  |  | $ | 105 |  |  | $ | 2,659 |
2025 |  | 2,579 |  |  | 105 |  |  | 2,684 |
2026 |  | 2,567 |  |  | 105 |  |  | 2,672 |
2027 |  | 2,543 |  |  | — |  |  | 2,543 |
2028 |  | 2,563 |  |  | — |  |  | 2,563 |
After 2028 |  | 47,677 |  |  | — |  |  | 47,677 |
Total lease payments |  | 60,483 |  |  | 315 |  |  | 60,798 |
Less: Interest |  | 22,833 |  |  | 21 |  |  | 22,854 |
Present value of lease liabilities |  | $ | 37,650 |  |  | $ | 294 |  |  | $ | 37,944 |
(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $8.2 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Minimum Annual Rental Commitments Under Operating Lease | The following table sets forth future minimum rental payments under noncancelable leases with terms in excess of one year as of December 31, 2023:
Maturity of Lease Liabilities as of December 31, 2023 |  | Operating Leases (1) |  | Finance Leases |  | Total
2024 |  | $ | 2,554 |  |  | $ | 105 |  |  | $ | 2,659 |
2025 |  | 2,579 |  |  | 105 |  |  | 2,684 |
2026 |  | 2,567 |  |  | 105 |  |  | 2,672 |
2027 |  | 2,543 |  |  | — |  |  | 2,543 |
2028 |  | 2,563 |  |  | — |  |  | 2,563 |
After 2028 |  | 47,677 |  |  | — |  |  | 47,677 |
Total lease payments |  | 60,483 |  |  | 315 |  |  | 60,798 |
Less: Interest |  | 22,833 |  |  | 21 |  |  | 22,854 |
Present value of lease liabilities |  | $ | 37,650 |  |  | $ | 294 |  |  | $ | 37,944 |
(1) Operating lease payments include payments related to options to extend lease terms that are reasonably certain of being exercised and exclude $8.2 million of legally binding minimum lease payments for leases signed, but not yet commenced.
Schedule of Weighted Average Lease Term and Discount Rate | Other information related to the Corporation's lease liabilities as of December 31, 2023 and 2022 was as follows:
Lease Term and Discount Rate |  | December 31, 2023 |  | December 31, 2022
Weighted-average remaining lease term (years) |  |  |  |
Operating leases |  | 23.0 |  | 23.9
Finance leases |  | 3.0 |  | 4.0
Weighted-average discount rate |  |  |  |
Operating leases |  | 4.05 | % |  | 3.83 | %
Finance leases |  | 4.49 | % |  | 4.49 | %
Other information related to the Corporation's lease liabilities as of December 31, 2023 and 2022 was as follows:
Other Information |  | December 31, 2023 |  | December 31, 2022
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |
Operating cash flows used by operating leases |  | $ | 1,134 |  |  | $ | 1,183 |

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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